HMRC warning puts payroll compliance firmly in the spotlight
HMRC has issued a clear message to businesses that rely on seasonal and short-term staff that payroll compliance is not optional, even for temporary contracts.
£16m in fines issued by HMRC to mid-sized businesses for Corporation Tax
The Freedom of Information request to HMRC shows that it has issued more than £16 million in fines to mid-sized businesses for Corporation Tax failings.
Car fuel benefit multiplier increase: What businesses need to know
From April 2026, the cost of providing fuel with company cars and vans is rising again.
If my business shrinks, should I deregister for VAT?
While we would like to be in a position where every business is on the fast track to growth, there are times when things need to be pared down somewhat.
Employee Ownership Trusts: Are they still the right step for your business?
Employee Ownership Trusts (EOTs) have become one of the UK’s fastest-growing business succession models, and for good reason. Since their introduction in 2014, the Employee Ownership Association and WREOC have reported a 1,640 per cent increase in EOT-owned businesses in
Failure to prevent fraud – Are you at risk of this new offence and how can better accounting and audits help?
As the Government continues to put preventative fraud measures in place, it is essential that companies and Limited Liability Partnerships (LLPs) understand any changes that impact them. In September, a new regulation was introduced as part of the Economic Crime
Pensions and tax: Ongoing reform and its impact on tax-efficient saving
The Autumn Budget confirmed that pensions and tax-efficient saving are entering a period of sustained and important change. Reforms to salary sacrifice, ISAs and the growing focus on unspent pensions all make it harder to build and pass on wealth
Working capital loans: A sign of the times or a useful support mechanism?
A recent report by Purbeck revealed that more than a third of SME loans agreed in October supported day-to-day cash flow – the highest level since early 2025. The latest Barclays index shows that more than half of SMEs have
Personal Tax freeze – The impact of fiscal drag
The Chancellor, Rachel Reeves, has confirmed her plans to extend the Income Tax threshold freeze. The original end date of 2028 has now moved to the 2030/31 tax year forcing many into higher tax bands as wages rise. What are
How to prepare for the Autumn Budget’s changes to APR and BPR
Last year’s Autumn Budget hit business owners hard with the announcements of changes to Agricultural Property Relief (APR) and Business Property Relief (BPR). The new Inheritance Tax (IHT) rules, set to take effect from April 2026, could create substantial tax
